CAT vs CSL: Which Is the Better Dividend Stock?
As of Oct 30, 2026, CSL (Carlisle Companies Incorporated) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. CSL offers the higher yield at 1.43%, CSL has the higher dividend-safety score, and CSL looks like the better value (its fair-value estimate is 24% above its share price).
Key facts: CAT vs CSL
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Carlisle Companies Incorporated (CSL) has the higher forward dividend yield at 1.43%, versus 0.91% for Caterpillar Inc. (CAT).
- As of Oct 30, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and CSL's A (93/100).
- By SmarterDividends' count as of Oct 30, 2026, CAT has raised its dividend for 32 consecutive years and CSL for 38.
- As of Oct 30, 2026, CAT pays out 26% of its earnings as dividends and CSL pays out 25%.
- As of Oct 30, 2026, CAT's fair-value estimate is 42% below its share price and CSL's fair-value estimate is 24% above its share price, so CSL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs CSL: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/cat-vs-csl
| Metric | CAT | CSL |
|---|---|---|
| Forward yield | 0.91% | 1.43% |
| Annual dividend | $6.52 | $5.00 |
| Payout ratio | 26% | 25% |
| Years of growth | 32 yr | 38 yr |
| 5-yr dividend growth | 7.2% | 15.4% |
| 5-yr total return | 255% | 53% |
| Dividend safety score | 92 (A) | 93 (A) |
| Fair value estimate | $377.48 | $460.81 |
| Upside to fair value | -42% | +24% |
| Frequency | quarterly | quarterly |
| Market cap | $297.6B | $14.7B |
| P/E ratio | 27.9 | 20.8 |
Higher yield
CSL
1.43%
Safer dividend
CSL
Grade A
Faster growth
CSL
15.4%
Better value
CSL
+24% upside
CAT vs CSL — FAQ
Is CAT or CSL a better dividend stock?
On the data, CSL wins more head-to-head categories (6 vs 2). CSL offers the higher yield (1.43%), while CSL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CAT or CSL?
CSL has the higher forward dividend yield at 1.43%, versus 0.91% for CAT.
Is CAT or CSL safer?
CSL has the higher dividend-safety score (93/100 vs 92/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or CSL better value right now?
As of Oct 30, 2026, CSL looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For CAT, its fair-value estimate is 42% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.